The real world hasn’t yet accepted Crypto, and there is no single, conclusive explanation for why Bitcoin and other cryptocurrencies are not commonly used for everyday transactions. This may be due to several reasons, including slow transaction times, high fees, and the amount of energy required to mine them.
Additionally, there is arguably nothing Bitcoin can do that other Cryptos cannot do more efficiently, some individuals might view Bitcoin as mainly a speculative investment, and there might be worries regarding the possibility of fraud and the price-influencing power of large Bitcoin holders. Others contend that Bitcoin has no practical application and that it is incapable of performing any tasks that other coins can perform more effectively.
Furthermore, the environmental impact of Bitcoin mining has drawn criticism, with some suggesting that it uses more electricity than entire countries like Argentina, leading to calls for companies such as Tesla, to stop using it and for governments such as China to outlaw it. Some people also think that Bitcoin is the biggest Ponzi scheme in the world, based on the notion that investors can only withdraw their money as new investors put it in, and that it is based on the greater fool theory, with the price being determined by a small number of influential people who will profit greatly if the price increases.
A Sustainable and Rewarding Future: The Revolutionary Token That Benefits Businesses and Consumers Alike
Imagine a world where businesses and consumers alike are using a revolutionary token that adds value to both parties sustainably and responsibly. This token not only sends business customers on a pay-per-sale basis but also grants them a tax deduction for marketing and Environmental, Social and Governance (ESG) contributions.
On the customer side, they are rewarded with better deals and points that can be used across any business in the world, while also contributing to environmental repair instead of causing damage. This token operates seamlessly through credit/debit card gateways, using almost no electricity while simultaneously satisfying ESG obligations.
Unlike other products that rely on speculation, this token is the only one that can be used for every transaction worldwide, creating demand from everyday use. As a result, this token not only benefits the individual but also contributes to the community and the environment, making it a truly revolutionary and forward-thinking product.
A token that does all of this can change the world, Erth is the only token that does all of this and so much more. The big question is - will the Crypto world dump Bitcoin when it doesn’t do anything when Erth does so much for businesses, customers, the community, and the planet?
Erth Points – is the World's Only Next Generation Crypto!
Erth Points is the next-generation Crypto that acts like a Click, delivering customers to businesses, and a Customer Loyalty Point that adds value to the customer. Erth also monetizes loyalty for Environmental and Community Organisations (ECOs) and enables part of every purchase from every business in the world to go toward repairing environmental damage, that’s delivering value to all parties.
Unlike old-style reward points or clicks that are only single use, Erth can be used an infinite number of times, gifted to customers from businesses, spent at businesses, gifted to ECOs, and then sold by ECOs to pay for environmental repair work or support a charity.
Every sale from a business that gives Erth Points is also a trade on Crypto exchanges. This means that potentially every sale from every business to every customer in the world will have a corresponding trade on a Crypto exchange. That means the real-world trading of Erth could very quickly become bigger than the speculative trading of Bitcoin.
Operating as an international digital currency with the global debit/credit/EFTPOS payment system via customer and BIZ Apps, Erth Points trades as a CryptoCurrency on three international exchanges, P2B Exchange, CoinStore exchange, and XT Exchange. It also operates on a centralized exchange under Australian banking-style custodian regulations, possibly the toughest regulations in the world, Erth Exchange which makes it a simple process for ECOs to sell their earned Erth and businesses to purchase Erth to gift as reward points.
Should Crypto be Valued based on Scarcity or Utility?
Google and Facebook get most of their value from selling an unlimited number of Clicks that are single-use, which they sell for hundreds of $ billions every year, which destroys the theory of valuing Crypto based on limited supply. Any market that has endured long term has always depended on its utility which drives demand as the main force. If something has no use, nobody wants it and therefore it does not matter how scarce it is, it has no real value. Limited supply is a distant second as Fingerite the world’s scarcest mineral proves, you have probably never heard of it, and I could not even find anyone wanting to sell it on a Google Search. Although it is scarce it has no use and adds no value.
Gold, Diamonds, and every other product that has survived long-term within markets has a massive utility that has kept its markets operating in booms and busts. Anything without utility, that did not add value went the way of Tulipomania and crashed, makes you wonder whether that could happen with Bitcoin, after all, what can Bitcoin do that no other Crypto can do, other than be the Crypto that uses more electricity than the entire country of Argentina, just so a few people can profit.
That’s not a Utility Token – This is a Utility Token!
Businesses pay for clicks because they bring value; otherwise, corporations would not spend hundreds of billions on them. Clicks are single use, they cannot be reused, recycled, or resold, but Erth Points is a multi-use product that can be recycled, reused, and resold that is also used to attract and retain customers.
Like Clicks, Erth Point’s value is demand driven by businesses, not from speculation like other Cryptos, and the real-world demand is reflected on cryptocurrency exchanges. This allows ECO’s to sell their gifted Erth Points, and businesses to purchase them, creating an economic ecosystem. If you are wondering about demand, from $1,000,000 worth of transactions, XRP creates $0.20 worth of demand, and Erth Points creates $30,400 worth of demand, 152,000 times XRP's, that’s real demand from adding value.
Users can earn Erth Points and use them to purchase at any global establishment that accepts Erth Points either through the BIZ App or via Gift Cards.
Like the dotcom crash, you must wonder whether Erth Points will be one of the few to survive any crypto market crash because of the recognized "Value Add" proposition as a tool for generating sales for Businesses, rather than being purely speculative driven like Bitcoin and almost all other Cryptos.
Simultaneously Erth Points assists businesses in fulfilling their Environment and Social obligations under any ESG requirements. The only survivors of a market crash are those that "Add Value'', think Google, FaceBook, and Amazon from the dot.com crash.
Bitcoin has caused $12b in environmental damage. Erth Points might be the solution to this Problem.
Customers can trade their Erth Points for goods, and/or services at any business across the globe that accepts them as payment, or purchase gift cards that can be used at thousands of businesses. If all three billion FaceBook users collected, Erth Points, that’s $6 billion a week that would go to environmental repairs, and the $12 Billion in damage Bitcoin caused would be offset in 2 weeks.
Businesses can buy Erth Points on exchanges at market price for business purposes, as can speculators. Demand drives further releases of Erth Points at increased price points to ensure liquidity and fairness in the marketplace while providing benefits to all users.
Erth is a Crypto or product that can be used in every sale from every business in the world and help save the Planet. It may be the Crypto that takes Crypto into mainstream business and repairs the damage that Bitcoin has already caused.
Who knew Bitcoin could cause so much damage? When Tesla stopped accepting Bitcoin because of its "increasing use of fossil fuels," was this the environmentalists drawing a line in the sand? If the environmentalists team up with the regulators who are forcing big businesses to offset their carbon footprint, could this kill proof of work Cryptos? Ethereum has already changed its system away from proof of work to proof of stake. Could the environmentalists and regulators destroy Bitcoin’s value?
Erth Points may be the Solution, it's a commercialized, fully operational, and scalable system working through a free App. With their global partner Oracle Corp looking after data and security to help repair the planet, the System is ALREADY WORKING in Australia! The system is fully funded as it sends customers to businesses using the Erth Points PAY-per-SALE loyalty marketing system in a similar way that Clicks sends customers to websites.
Erth Points is an environmentally sustainable and revolutionary system that can help reverse environmental damage by putting a small part of every purchase towards repairing the environment. This helps solve business’s ESG obligations, can be tax deductible for businesses, and is a way to automatically put Crypto in the pocket of every person on the planet as a reward point from credit, debit, and EFTPOS card transactions while changing the reason Crypto exists away from speculation.
This leads us to an even bigger question - can Erth Points take Crypto away from being purely speculative to being something that adds value to both businesses and customers and has real demand from businesses? Something Crypto has not been able to do until now?
This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice.
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